Another great old Chicago institution falling to outsiders. This is going to be a Marshall Field's/Macy's thing...
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| Tibune Media Sold to Sinclair Broadcast Group http://chicagofanatics.com/viewtopic.php?f=156&t=106466 |
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| Author: | Godfella [ Mon May 08, 2017 8:34 am ] |
| Post subject: | Tibune Media Sold to Sinclair Broadcast Group |
Breaking News... WGN Radio and Television under new ownership. Sinclair pays $3.9 Billion. http://www.reuters.com/article/brief-si ... USASA09NR0 |
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| Author: | Terry's Peeps [ Mon May 08, 2017 8:35 am ] |
| Post subject: | Re: Tibune Media Sold to Sinclair Broadcast Group |
Maybe we'll finally get Ring of Honor on tv here. |
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| Author: | Matches Malone [ Mon May 08, 2017 8:47 am ] |
| Post subject: | Re: Tibune Media Sold to Sinclair Broadcast Group |
Terry's Peeps wrote: Maybe we'll finally get Ring of Honor on tv here. Stop being Delirious. |
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| Author: | Ogie Oglethorpe [ Mon May 08, 2017 8:48 am ] |
| Post subject: | Re: Tibune Media Sold to Sinclair Broadcast Group |
I'm thinking Sinclair overpaid. The only value WGN has right now is that it is already included in most cable distribution packages. Beyond that, they have nothing to offer. |
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| Author: | Godfella [ Mon May 08, 2017 9:00 am ] |
| Post subject: | Re: Tibune Media Sold to Sinclair Broadcast Group |
Will be interesting to see how the sports are effected... Blackhawks, Northwestern Basketball & Football, etc. Maybe they give another shot at a third sports talker? |
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| Author: | Chet Coppock's Fur Coat [ Mon May 08, 2017 9:07 am ] |
| Post subject: | Re: Tibune Media Sold to Sinclair Broadcast Group |
Does Sinclair do a lot of radio? I thought they were mostly tv. |
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| Author: | Godfella [ Mon May 08, 2017 9:10 am ] |
| Post subject: | Re: Tibune Media Sold to Sinclair Broadcast Group |
Chet Coppock's Fur Coat wrote: Does Sinclair do a lot of radio? I thought they were mostly tv. More television than radio it seems. |
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| Author: | Godfella [ Mon May 08, 2017 9:14 am ] |
| Post subject: | Re: Tibune Media Sold to Sinclair Broadcast Group |
From Variety... "Tribune Media’s assets include 42 TV stations, WGN America, WGN Radio and a 31% stake in Food Network." Food Network? Who knew? Great info here... http://variety.com/2017/tv/news/sinclai ... 202416416/ |
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| Author: | Ogie Oglethorpe [ Mon May 08, 2017 9:18 am ] |
| Post subject: | Re: Tibune Media Sold to Sinclair Broadcast Group |
Godfella wrote: From Variety... "Tribune Media’s assets include 42 TV stations, WGN America, WGN Radio and a 31% stake in Food Network." Food Network? Who knew? Great info here... http://variety.com/2017/tv/news/sinclai ... 202416416/ OK, if 42 local broadcast stations and a large chunk of Food Network are included, then I can see the higher price. I'm curious what markets those stations are in. |
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| Author: | Godfella [ Mon May 08, 2017 9:23 am ] |
| Post subject: | Re: Tibune Media Sold to Sinclair Broadcast Group |
Ogie Oglethorpe wrote: Godfella wrote: From Variety... "Tribune Media’s assets include 42 TV stations, WGN America, WGN Radio and a 31% stake in Food Network." Food Network? Who knew? Great info here... http://variety.com/2017/tv/news/sinclai ... 202416416/ OK, if 42 local broadcast stations and a large chunk of Food Network are included, then I can see the higher price. I'm curious what markets those stations are in. I can only guess that the majority of them are various CW type networks from coast to coast? |
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| Author: | Godfella [ Mon May 08, 2017 10:08 am ] |
| Post subject: | Re: Tibune Media Sold to Sinclair Broadcast Group |
| Another great old Chicago institution falling to outsiders. This is going to be a Marshall Field's/Macy's thing...
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| Author: | Seacrest [ Mon May 08, 2017 10:17 am ] |
| Post subject: | Re: Tibune Media Sold to Sinclair Broadcast Group |
How much did Ferro walk away with on this deal? |
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| Author: | sjboyd0137 [ Mon May 08, 2017 10:22 am ] |
| Post subject: | Re: Tibune Media Sold to Sinclair Broadcast Group |
Terry's Peeps wrote: Maybe we'll finally get Ring of Honor on tv here. That would be delightful. I loved it back when it was on HDNet. Now I only catch it when I'm at my in-laws'... |
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| Author: | WaitingforRuffcorn [ Mon May 08, 2017 10:25 am ] |
| Post subject: | Re: Tibune Media Sold to Sinclair Broadcast Group |
Godfella wrote: :roll: Another great old Chicago institution falling to outsiders. This is going to be a Marshall Field's/Macy's thing... And now Macy's is on it's last legs. |
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| Author: | Godfella [ Mon May 08, 2017 10:29 am ] |
| Post subject: | Re: Tibune Media Sold to Sinclair Broadcast Group |
WaitingforRuffcorn wrote: Godfella wrote: :roll: Another great old Chicago institution falling to outsiders. This is going to be a Marshall Field's/Macy's thing... And now Macy's is on it's last legs. http://fieldsfanschicago.org/#mainindexpage |
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| Author: | billypootons [ Mon May 08, 2017 10:32 am ] |
| Post subject: | Re: Tibune Media Sold to Sinclair Broadcast Group |
Rumor has it sinclair doesnt believe WGN does enough news coverage in chicago... going to bump up the news broadcasts from the current 12.5 hours each weekday to 20 hours... maury to fill in the other 4 |
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| Author: | Bagels [ Mon May 08, 2017 11:04 am ] |
| Post subject: | Re: Tibune Media Sold to Sinclair Broadcast Group |
They make a great computer |
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| Author: | Godfella [ Mon May 08, 2017 11:19 am ] |
| Post subject: | Re: Tibune Media Sold to Sinclair Broadcast Group |
Chet Coppock's Fur Coat wrote: Does Sinclair do a lot of radio? I thought they were mostly tv. Did a little research on this. Sinclair has only a few radio stations compared to the many television interests. In today's day & age, an independent station is stronger when it becomes part of a cluster of various stations - like 670, WBBM. etc.. My guess is they branch out and cluster WGN Radio or maybe they sell it off separately? Total guess and speculation on my part... |
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| Author: | Curious Hair [ Mon May 08, 2017 1:58 pm ] |
| Post subject: | Re: Tibune Media Sold to Sinclair Broadcast Group |
Godfella wrote: In today's day & age, an independent station is stronger when it becomes part of a cluster of various stations - like 670, WBBM. etc.. Uh huh, yeah, and the Telecommunications Act of 1996 increased competition. |
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| Author: | Godfella [ Tue May 09, 2017 11:42 am ] |
| Post subject: | Re: Tibune Media Sold to Sinclair Broadcast Group |
My guy tells me that Sinclair has a reputation for whacking the big payday talent after taking over. The higher the contract the higher he/she goes up the hit list. Big money talent is traditionally phased out... contracts not renewed, departments restructured, retirements/buyouts encouraged, shifts changed, etc. Not saying this is their plan here but they do have a reputation in the industry. This could get interesting... |
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| Author: | Regular Reader [ Tue May 09, 2017 12:33 pm ] |
| Post subject: | Re: Tibune Media Sold to Sinclair Broadcast Group |
And oddly Sam Zell was out of his hole pushing his new book on the Squint & the Meat Puppet show on MSNBC this morning. 
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| Author: | Godfella [ Thu May 11, 2017 8:01 am ] |
| Post subject: | Re: Tibune Media Sold to Sinclair Broadcast Group |
Stantis hits a home run in today's Trib ...
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